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ANTA SPORTS Wins Bid of Xiamen Land to Plan Building of Operations Center & Sports Park; Total Investment RMB4B
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ANTA SPORTS (02020.HK) won the bid for the land parcel at the southwest intersection of Jinbian Road and Wuyuanwan Avenue, Huli District, Xiamen, and plans to use it to build the Anta Group's new Xiamen Operations Center and the "Anta Sports Park" project. This project is purportedly a further upgrade of the group's operations center since Anta entered Xiamen in 2006. The project is anticipated to have a total investment of RMB4 billion, and will be built as a complex integrating headquarters offices, a high-end hotel, staff apartments, and cultural and sports facilities. AAStocks Financial News |
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